Raytheon Company has been awarded a task order for CVN
78, the lead ship in the U.S. Navy's next generation of aircraft carriers,
extending the company's leadership role as the mission systems integrator for
the Navy's family of ships. Financial terms were not disclosed.

Raytheon will be the industry lead for warfare systems integration of all
onboard weapons systems and electronics operations. Integration will be centered
on Raytheon's proven Total Ship System Engineering approach to a common
enterprise computing environment that will maximize multi-mission
capabilities.

"This role on CVN 78 broadens our position as the Navy's mission systems
integrator for the family of ships, providing warfighters with the edge they
need to dominate the battlespace," said Dan Smith, president of Raytheon
Integrated Defense Systems. "The open architecture
design promotes a 'design once, use many times'
approach that establishes the foundation for all Navy surface ships to be built
in the 21st century."

The task order was awarded to Raytheon Technical Services Company LLC,
Raytheon's SeaPort-e prime contractor, as a performance-based cost plus award
fee contract. It has a one-year base period, four one-year option periods, and
up to seven one-year award terms for a total of 12 years.

In advancing the Navy toward joint battlespace integration, Raytheon will
leverage the transformational technology advancements achieved as the mission
systems integrator on the DD(X) and LPD ship programs. This will further
support the application of common technologies and processes across multiple
platforms in the fleet.

Under the task order, Raytheon will be the industry lead of the CVN 78 Warfare
Systems Engineering Technical Team under the direction of the Navy's Program
Executive Office -- Integrated Warfare Systems. Major tasks include requirements
definition, analysis, design and integration, installation, test and
certification of all CVN 78 warfare systems.

Work will be performed at Raytheon's Expeditionary Warfare Center in San Diego,
Calif., and on-site at the Team Carrier 21 facility in Dahlgren, Va.

Raytheon Company (NYSE: RTN), with 2004 sales of $20 2 billion, is an industry
leader in defense and government electronics, space, information technology,
technical services, and business and special mission aircraft.